Case Study

Commercial

Vermont Shopping Center’s Annual Premium Reduced by $15K+

Manchester Center, VT

Shopping Center Saves $15K

Solutions Found:

Insurance Consulting

Flood Expert Survey

Solutions Value: $15,000+

NFE Solution: Consulting; FES

A cold call from National Flood Experts paid off big for a national real estate investment, management, and development company, that wanted to explore ways to reduce or eliminate flood insurance expenses for a shopping center in Manchester City, VT.

NFE provided a comprehensive solution to the Client's challenges. First, NFE initiated a complementary desktop engineering review to identify any potential avenues for cost savings for the property. Based on the initial assessment, NFE identified a potential cost-saving scenario for the policy but needed property-specific data to confirm the solution and recommended conducting a Flood Expert Survey (FES) to gather the needed data.

NFE performed the FES and analyzed the findings, solidifying a consulting scenario to reduce the policy premium significantly by applying engineering data. Leveraging our expertise, NFE prepared the requirement documentation to request the updated endorsement from the insurance carrier. Thanks to NFE's efforts, the carrier confirmed the endorsement change, and the client’s policy was reduced by more than $15,000 per year.

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$365K+ Added in Property Value

19 of 29 Buildings Removed from SFHA - Coral Springs, FL

On a rushed timeline due to an upcoming sale, NFE's flood experts helped the nation's largest multi-family property owner save ≈$22K in annual flood insurance premiums while also adding $365K in property value for a 29-building property in Coral Springs, FL. NFE’s field work and engineering review maximized cost savings and helped the current and future owners avoid costly premium hikes on the horizon.

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≈$178K in Property Value Added

LOMA Success for a Multifamily Property Clipped by a Floodway - Buckhannon, WV

Learn how National Flood Experts helped a multifamily property owner pulled into the SFHA by a map update achieve LOMA success, save $10,700 in annual premiums, and increase the value of their property by more than $178,000.

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NFE Transforms Land Investment

Unlocking Potential: Transforming a Flood-Zone Property into a Lucrative Investment Opportunity - Buda, TX

Through meticulous assessment and expertise, National Flood Experts successfully confirmed the removal of 20.1 acres from the flood zone, effectively doubling the developable acreage of a parcel in Buda, TX. This game-changing solution not only increased the property value but also played a pivotal role in broadening the buyer pool.